Principal Country Economist

4 weeks ago

Nairobi, Nairobi Area, Kenya The African Development Bank Group Full time

ABOUT THE COMPANY

The overarching objective of the African Development Bank (AfDB) Group is to spur sustainable economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction.

The Bank Group achieves this objective by:

mobilizing and allocating resources for investment in RMCs; and
providing policy advice and technical assistance to support development efforts.
In 2015, all multilateral development institutions have agreed on a same set of objectives, called the Sustainable Development Goals.

JOB SUMMARY

Hold at least a Master's Degree in Economics and other relevant fields and related disciplines.Have a minimum of six (6) years of relevant experience in macroeconomic policy analysis and management issues and the economics of development at international level, gained in international organizations or relevant national institutions, working on African development issues and country strategy papers preparation.Strong planning and organizational skills, including a proven ability to think strategically, seeing the big picture without sacrificing the details, negotiation skills and team building skills, as well as a credible ability to influence and present ideas.Capacity to connect, understand and influence stakeholders at all levels.Ability to handle the high-level demands of a complex organization, including the ability to work under pressure and meet tight deadlines.Good grasp of the developing countries issues.Solid technical and quantitative skills as an applied development macroeconomist.Proven experience and record in economic modelling and forecasting.Competence in the use of at least one standard econometric software for empirical analysis.Very good knowledge of portfolio management and demonstrated knowledge of economics and analytical skills.Strong experience in policy dialogue, as well as fragility assessment knowledge and skills.Strong analytical and organizational skills and ability to deliver results on time.Problem solving capabilities coupled to innovation skills and change management.Excellent verbal and written communication skills in English, with a good working knowledge of French.Competence in the use of standard Microsoft Office Suite applications.

RESPONSIBILITIES

The Principal Country Economist will:Analyse the economic and financial situations of assigned Regional Member Countries, using internal and external information sources, and determine the implications for the programming and updating of Bank Group operations such as defined in the Country Strategy Paper.Contribute to the preparation and dissemination of Bank's flagship publications and the publication of the Country Economics Department, including the African Economic Outlook, Regional Economic Outlooks and Country Focus Reports.Support the Business Delivery Units (Regional department and country office) in the dialogue with the National Authorities and other stakeholders (Donors, CSO, Private sector, etc) with regular briefs and update on the economic and financial situations, preparation, and participations to meetings.Undertake assigned Economic and Sector Work (including Country Diagnostic Notes), focusing on issues of governance profiling; and papers on relevant economic and financial issues in the development process; Country Notes for African Economic Outlook reports, Country Focus Reports, etc.Identify, prepare, evaluate, and monitor the implementation of economic programmes, including macroeconomic programmes.Coordinate the preparation of Country Strategy Papers, based on the Regional Member Countries' development strategies.Maintain effective communication with the sector departments and other relevant units in the Bank and an active participation in review meetings (Country /regional team meetings) to ensure a coordinated approach in the implementation of the Bank's Strategy and lending operations in assigned countries.Participate in Country Portfolio Reviews.Participate in the preparation and monitoring of the implementation of measures under budget support loans.Participate in aid coordination activities with bilateral and multilateral donors, with emphasis on promoting the co-financing of knowledge products, projects, and programmes.Undertake Country Policy and Institutional Assessment (CPIA).Participate in the preparation of Country Fragility and Resilience Assessment, Country Risk Assessment, etc.Participate in the preparation of ECCE Divisions' budget and in the recruitment of consultants; prepare annual and triennial knowledge work programme and briefs on economic and sectoral developments, economic reforms programmes.Develop and build client relations at all levels and plays a promotional role in generating new knowledge activities and related business for the Bank.Provide mentoring to junior economists.

REQUIRED SKILLS

Project management, Budgeting, financial planning, Project monitoring and evaluation (M&E), Ability to coordinate, Project preparation and planning, Project Financial Management

REQUIRED EDUCATION

Post-graduate education

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